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Millicom Cellular (TIGO) Stock Forecast, Price Target & Predictions

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TIGO Stock Forecast

Millicom Cellular (TIGO) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $71.60, with a high of $90.00 and a low of $52.40. This represents a -23.64% decline from the last price of $93.77.

$15 $31 $47 $63 $79 $95 High: $90 Avg: $71.6 Low: $52.4 Last Closed Price: $93.77

TIGO Stock Rating

Millicom Cellular stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (45.45%), 5 Hold (45.45%), 1 Sell (9.09%), and 0 Strong Sell (0.00%).

Buy
Total 11 0 1 5 5 Strong Sell Sell Hold Buy Strong Buy

TIGO Price Target Upside V Benchmarks

TypeNameUpside
StockMillicom Cellular-23.64%
SectorCommunication Services Stocks 26.56%
IndustryTelecom Stocks 18.32%

Price Target Trends

1M3M12M
# Anlaysts226
Avg Price Target$71.20$71.20$66.57
Last Closing Price$93.77$93.77$93.77
Upside/Downside-24.07%-24.07%-29.01%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 26124-18
May, 26233-19
Apr, 26223-18
Mar, 26224-19
Feb, 26233-19
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 27, 2026Andres CoelloScotiabank$52.40$85.46-38.68%-44.12%
May 24, 2026Leonardo OlmosUBS$90.00$85.844.85%-4.02%
Mar 06, 2026Phani KanumuriHSBC$89.00$69.4728.11%-5.09%
Feb 26, 2026Cesar MedinaMorgan Stanley$55.00$70.84-22.36%-41.35%
Feb 11, 2026Scotiabank$43.00$65.69-34.54%-54.14%
Jan 15, 2026UBS$70.00$52.6033.08%-25.35%
May 16, 2025Leonardo OlmosUBS$39.50$36.069.54%-57.88%
Sep 20, 2024Andres CoelloScotiabank$37.30$27.5935.19%-60.22%
Aug 15, 2024Leonardo OlmosUBS$33.00$25.7428.21%-64.81%
Jun 21, 2024Andres CoelloScotiabank$30.00$22.9430.78%-68.01%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 27, 2026ScotiabankUnderperformUnderperformhold
May 24, 2026UBSBuyNeutraldowngrade
Feb 26, 2026Morgan StanleyPositivePositivehold
Feb 11, 2026ScotiabankSector PerformUnderperformdowngrade
Jan 15, 2026UBSNeutralBuyupgrade
Sep 11, 2025UBSBuyNeutraldowngrade
Jun 17, 2025ScotiabankOutperformSector Performdowngrade
May 16, 2025UBSBuyBuyhold
Feb 28, 2025ScotiabankOutperformOutperformhold
Sep 20, 2024ScotiabankSector PerformOutperformupgrade

Financial Forecast

EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$4.59$0.11$-0.48----
Avg Forecast$0.31$1.10-$2.62$3.37$3.91$4.42
High Forecast$0.32$1.13-$2.69$3.45$4.51$4.53
Low Forecast$0.30$1.08-$2.58$3.31$3.25$4.35
Surprise %1380.65%-90.00%-----

Revenue Forecast

$5B $5B $6B $6B $7B $7B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$4.62B$5.62B$5.66B----
Avg Forecast$6.58B$5.66B$5.64B$5.84B$5.87B$5.98B$6.26B
High Forecast$6.69B$5.77B$5.85B$5.95B$5.98B$5.98B$6.27B
Low Forecast$6.46B$5.60B$5.57B$5.77B$5.80B$5.97B$6.24B
Surprise %-29.83%-0.66%0.43%----

Net Income Forecast

$-100M $80M $260M $440M $620M $800M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$590.00M$16.00M$-82.00M----
Avg Forecast$53.39M$188.21M$55.36K$451.81M$579.61M$574.47M$760.77M
High Forecast$54.53M$192.84M$70.84K$460.81M$591.17M$772.97M$775.94M
Low Forecast$52.17M$185.69M$39.88K$442.80M$568.06M$556.99M$745.60M
Surprise %1005.18%-91.50%-148220.05%----

TIGO Forecast FAQ

Is Millicom Cellular stock a buy?

Millicom Cellular stock has a consensus rating of Buy, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 5 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Millicom Cellular is a favorable investment for most analysts.

What is Millicom Cellular's price target?

Millicom Cellular's price target, set by 11 Wall Street analysts, averages $71.6 over the next 12 months. The price target range spans from $52.4 at the low end to $90 at the high end, suggesting a potential -23.64% change from the previous closing price of $93.77.

How does Millicom Cellular stock forecast compare to its benchmarks?

Millicom Cellular's stock forecast shows a -23.64% downside, underperforming the average forecast for the communication services stocks sector (26.56%) and underperforming the telecom stocks industry (18.32%).

What is the breakdown of analyst ratings for Millicom Cellular over the past three months?

  • June 2026: 12.50% Strong Buy, 25.00% Buy, 50.00% Hold, 0% Sell, 12.50% Strong Sell.
  • May 2026: 22.22% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 11.11% Strong Sell.
  • April 2026: 25.00% Strong Buy, 25.00% Buy, 37.50% Hold, 0% Sell, 12.50% Strong Sell.

What is Millicom Cellular’s EPS forecast?

Millicom Cellular's average annual EPS forecast for its fiscal year ending in December 2024 is $2.62, marking a -645.83% decrease from the reported $-0.48 in 2023. Estimates for the following years are $3.37 in 2025, $3.91 in 2026, and $4.42 in 2027.

What is Millicom Cellular’s revenue forecast?

Millicom Cellular's average annual revenue forecast for its fiscal year ending in December 2024 is $5.84B, reflecting a 3.25% increase from the reported $5.66B in 2023. The forecast for 2025 is $5.87B, followed by $5.98B for 2026, and $6.26B for 2027.

What is Millicom Cellular’s net income forecast?

Millicom Cellular's net income forecast for the fiscal year ending in December 2024 stands at $451.81M, representing a -650.98% decrease from the reported $-82M in 2023. Projections indicate $579.61M in 2025, $574.47M in 2026, and $760.77M in 2027.